The Crippled Pay Hike is Not Expected to Create a Market Boom
Some Corporates may gain, but others will lose, so the aggregate effect may be minimal. If consumer goods sector gains while capital goods sector loses, arguably, the net effect on the economy will be negative.
An interesting fact :
The Ministry of Science & Technology has 47% vacancies followed by Ministry
of Finance at 46%. The other ministries that have more than 40% vacancies
include Power, Civil Aviation, AYUSH, Minority Affairs & Corporate Affairs.
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